Downturn
in sentence
613 examples of Downturn in a sentence
As economic growth continues to pick up while interest rates lag, at least outside the US, fiscal authorities will have further opportunities to reduce debt, and create fiscal space for stimulus measures when the next cyclical
downturn
inevitably arrives.
As this year’s DATA Report from the Africa advocacy group ONE underscores, many donors are honoring their aid commitments, despite the economic
downturn.
There is a smaller one that is slowly recovering and a larger one that is still in a deep and persistent
downturn.
If the saving rate continues to rise rapidly, it could push America’s fragile economy into another
downturn.
Unprecedented long-term monetary stimulus and massive spikes in public-debt burdens have left governments poorly equipped to manage the next economic
downturn
when – not if – it arrives.
To be sure, large deficits can be benign or even desirable during recessions and wars, or when used to finance productive public investments; and in a deep, long-lasting downturn, with interest rates at or near zero, a well-timed, sensible fiscal response can theoretically help in the short term.
Sub-Saharan Africa depends heavily on commodity exports, so it is especially vulnerable to the global
downturn.
Finally, Spain is likely to enter the next
downturn
having barely recovered from the previous recession, with high levels of public- and private-sector indebtedness and unemployment well above pre-crisis rates.
But, ironically, attention has focused on the fact that some of the investment money was not spent as well as it might have been, and on the fiscal deficit that the
downturn
and the government’s response created.
Surplus emerging-market economies must understand that a prolonged contraction in the developed world creates a real danger of a global
downturn
at a time when they no longer retain the room for maneuver that they had four years ago.
Undershooting the inflation target is also dangerous because inflation expectations and interest rates will decline over time, which makes it more likely that the ECB will reach the zero lower bound when the next
downturn
occurs.
The ECB must not delay in positioning itself for the next
downturn.
Nearly all unemployment in a cyclical
downturn
was the result of the failure of investment demand.
But will the
downturn
also produce a deeper shift in the values of consumers?
But just as the pre-crisis credit boom masked underlying structural problems, post-crisis credit constraints have greatly amplified the
downturn.
The recent economic
downturn
eviscerated the wealth of many.
Yet most people’s instinct was to characterize the shock as temporary and reversible – a V-shape disruption, featuring a sharp
downturn
and a rapid recovery.
Government’s mounting debts have been a response to the economic downturn, not its cause.
Every economic
downturn
comes to an end, and it is high time for America's economy, which began slumping almost four years ago, to recover.
Moreover, because unconventional easing was a strategy designed for an emergency that no longer exists, it leaves the Fed with no ammunition to fight the inevitable next
downturn
and crisis.
There is still a good chance, however, that the US
downturn
will be limited mainly to America, where the housing boom and bust is concentrated.
The sharp fall in house prices that followed caused a dramatic
downturn
in household wealth, leading to lower consumer spending and an overall fall in GDP.
To be sure, the ACA is only one factor in this promising trend; growth in health-care spending often slows in the wake of an economic
downturn.
Indeed, until the recent renewed
downturn
in America and Europe, the emerging world’s major policy concern was too much growth, mounting inflationary pressure, and economic overheating.
In the process, they would accentuate the pressure on the global economy from the West’s seemingly endless
downturn.
The
downturn
was a distinctive balance-sheet recession that caused sizeable declines in household wealth and necessitated painful deleveraging.
Deflation is potentially a very serious problem, because falling prices – and the expectation that prices will continue to fall – would make the current economic
downturn
worse in three distinct ways.
The IMF's economic framework still does not provide for countercyclical fiscal policies, because the IMF remains ambivalent about the standard Keynesian prescription of stimulating an economy in a
downturn.
China’s
downturn
appears sudden; after all, its exports had been rising at double-digit rates every month this year until May.
In the US, by contrast, people in high-unemployment Michigan move to, say, Texas, where jobs are plentiful, even as the federal tax and transfer system automatically shifts money in the opposite direction, cushioning the local
downturn.
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